WestMark REALTORS

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Listing provided courtesy of Progressive PropertiesMLS# 202561366MLS ProviderSource MLS Verified
  • 269 days on site
  • 2 views

Prime 4± acres on Alcove Ave with immediate access to US-82/62 (Marsha Sharp Fwy) in a fast-growing corridor. United Supermarkets is planned across the street, and Alcove Ave is scheduled to be widened, enhancing visibility and access. The property is currently improved with nine rental houses producing approximately \$8,450 per month, providing reliable income while you design and entitle your project. Surrounded by established retail and dining, this site is well-positioned for future retail pads, a neighborhood center, restaurants, or other service-oriented commercial uses. Redevelop on your timeline and let the existing cash flow carry the site until you're ready.

Source: Lubbock MLS, MLS#: 202561366

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  • Property Type
    Residential Income
  • Lot
    4.00 acres

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WestMark REALTORS

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  • Median Age
    30
  • Population Density
    312
  • College Educated
    43%
  • Estimated Median Income
    $49,736
  • Estimated Total Home Owners
    4,146
  • Estimated Total Renters
    5,255
  • Owner / Renter Divide
    44% / 56%
  • Estimated Average Household Size
    2
  • Total Population
    22,157
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
%
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 7603 Alcove Avenue

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
10/3/2025Source: Lubbock MLS Added to Database
October 03, 2025
9/12/2025Source: Lubbock MLS Added to Database
September 12, 2025